How to connect bank account to QuickBooks[tutorial]

1. A Comprehensive Guide to Link bank account to QuickBooks

2. QuickBooks is primarily designed for small and medium-sized businesses. It offers several versions designed to fits the needs of the organization. QuickBooks allows its users to track income and expenses, organize receipts, estimates taxes, invoice clients & accepts payments, run necessary reports, etc. Linking bank account to QuickBooks helps to track financial transactions, profits & loss, income & expenditure of your business. The very most important point of this feature is, you can save a lot of time by automatically downloading the bank transactions into QuickBooks rather than manually imputing each feeds. Do you want to know how to Link Bank Account to QuickBooks? If yes, then you are on the right platform.

3. Importance of Linking Bank Account to QuickBooks • It saves your time and effort by automatically downloading bank transactions into QuickBooks. • It eliminates the bulk of data entry. • QuickBooks Online Banking features helps in automatically coding of the transactions. • Once you connect your bank account to QuickBooks, all your business information’s are up to date. • It even allows you to download the last 90 days transactions, if required.

4. Learn how to link a bank account to QuickBooks in simple steps • Here, with this method, will inform you of the procedure to connect a bank account to QuickBooks through the banking section. • (Procedure1) • Open your QuickBooks and log in to your company’s account. • Select the Banking menu from the left panel.

5. Click on Add Account from the Banking section. • After that, a window will appear, and you must select your banking institute from the list. • Enter your user id and password to sign up for the bank’s legit website. • Hit a click on the Continue button. • Once you have confirmed the security verification for your financial institution, you must select securely connect. • Now, choose your Bank Logo and select Account Type. • A drop-down list will appear, and you must choose either bank or credit card. • You can also create a new one by clicking on +Add New.

6. Finally, hit a click on the Connect button to define the range of transactions you want to download. (The content of transactions can either be more than 90 days or than 90 days) • (Procedure 2) – Link a bank account to QuickBooks via Chart of Accounts. • Launch QuickBooks, choose the gear icon. • Click on Chart of Accounts, and select the bank you want to connect in the action column. • From the Account History, select Bank Connect.

7. Finally, follow the on-screen instructions carefully to finish the bank connecting process. • Need expert’s advice? • In the above blog, we have discussed the detailed procedure to link a bank account to QuickBooks. For any question, you can contact our QuickBooks experts at our toll-free number (844)-932-1139.